Ticking off the objections to financial sector Cloud adoption
- Published on Tuesday, 24 July 2012 14:44
- Written by Mike McClain, Web Editor
The finance sector is repeatedly said to be behind the curve in Cloud adoption, so it’s interesting to note an initiative in the US by the Federal Financial Institution Examination Council (FFIEC).
The Technology Subcommittee of the Council – which is responsible for prescribing uniform principles and standards for federal financial institution examinations — has previously voiced its concern about the risks relating to what it calls “outsourced Cloud Computing”.
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